Foreign Capital and Brazil - A Dossier - Robert Appy

Foreign Capital and Brazil: A Dossier by Robert Appy

Robert Appy's "Foreign Capital and Brazil - A Dossier" is a comprehensive and meticulously researched account of the history of foreign capital in Brazil. Appy provides a detailed analysis of the role of foreign capital in Brazil's economic development, from the colonial period to the present day. He argues that foreign capital has played a significant role in Brazil's economic growth, but that it has also had negative consequences for the country's sovereignty and economic independence.

A History of Foreign Capital in Brazil

Appy begins his book by providing a historical overview of foreign capital in Brazil. He traces the origins of foreign capital in Brazil to the colonial period, when Portuguese settlers established sugar plantations and other agricultural enterprises in the country. Appy argues that the Portuguese colonial government encouraged foreign investment in order to develop the country's economy and to secure its control over the territory.

After Brazil gained independence from Portugal in 1822, foreign capital continued to play a major role in the country's economy. In the 19th century, British investors played a leading role in the development of Brazil's coffee industry. British capital also financed the construction of railways and other infrastructure projects in Brazil.

In the 20th century, the United States became the dominant source of foreign capital in Brazil. American investors played a major role in the development of Brazil's oil industry, automobile industry, and other sectors of the economy. American capital also financed the construction of the Itaipu Dam, one of the largest hydroelectric dams in the world.

The Impact of Foreign Capital on Brazil's Economy

Appy argues that foreign capital has had a significant impact on Brazil's economic development. He points to the fact that Brazil has experienced periods of rapid economic growth when foreign capital has been abundant, and periods of economic stagnation when foreign capital has been scarce. Appy also argues that foreign capital has helped to diversify Brazil's economy and to make it more competitive in the global marketplace.

However, Appy also argues that foreign capital has had negative consequences for Brazil's sovereignty and economic independence. He points to the fact that foreign investors have often exerted significant influence over Brazil's economic policies. Appy also argues that foreign capital has led to the concentration of wealth in Brazil and to the exploitation of Brazilian workers.

Conclusion

In conclusion, Appy argues that foreign capital has played a complex and contradictory role in Brazil's economic development. He argues that foreign capital has helped to spur economic growth and to diversify the economy, but that it has also led to the concentration of wealth and to the erosion of Brazil's sovereignty. Appy's book is a valuable resource for anyone interested in understanding the role of foreign capital in Brazil's economic development.

Why You Should Read This Book

"Foreign Capital and Brazil - A Dossier" is a must-read for anyone interested in the history of Brazil or in the role of foreign capital in economic development. Appy's book is a well-researched and thought-provoking account of the complex and contradictory role of foreign capital in Brazil's economic development. It is a book that will challenge your assumptions about the role of foreign capital in the global economy.

Where to Buy This Book

"Foreign Capital and Brazil - A Dossier" is available for purchase from a variety of online retailers, including Amazon, Barnes & Noble, and Google Play.